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W. R. Berkley price target lowered to $74 from $79 at BofA

BofA analyst Joshua Shanker lowered the firm’s price target on W. R. Berkley (WRB) to $74 from $79 and keeps a Neutral rating on the shares. Q3 operating EPS of $1.10 was slightly lower than both the firm’s estimate and Street consensus, notes the analyst, whose 2025, 2026 and 2027 EPS estimates fall by 0.4%, 0.9% and 2.1%, respectively.

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